The India Property development picture presents less use of solar energy. Solar Energy resources are tapped by various other sectors, yet it’s in the nascent stages of use in realty sector of India. This is slowly getting importance and many new real estate projects including residential units are installing solar power plant. Houses with solar power plant on the roof are being constructed. There are many benefits of installing solar units in construction of commercial real estate projects.
Government Policies and Subsidies in installation of solar power generation units:
In India, realty projects will get a subsidy between 30-70 % on installation of solar power plant on rooftop. Government also provides about 80% tax benefit for rooftop solar plant to realty projects.
Property Developer and Builders Benefits from this technology:
The solar technology adds a green image to the realty ventures. Builders and property developers can cash on this visible green image. This technology will not only add environment friendly tag to their projects but also increase the value of their roofs.
Many Developers are installing Solar Projects:
With the constant rise of petrol and diesel prices leading to high cost of consumption, many developers install solar power plants. A new Gurgaon properties is coming up where the developers are installing solar power plants in rooftops. This way the developers will save on expenses and can provide free energy in few years. Also, the environment will be saved.
Less demand of solar energy technology from the India property sector, expected to grow in the coming years:
Manufacturing units, industrial enterprises and commercial units are adapting this green energy. They are tapping this form of energy and generating power. It is expected that in the coming years, residential societies will install this technology. Many educational institutions and office units are also using the unused space to install solar rooftops.
Government Policies and Subsidies in installation of solar power generation units:
In India, realty projects will get a subsidy between 30-70 % on installation of solar power plant on rooftop. Government also provides about 80% tax benefit for rooftop solar plant to realty projects.
Property Developer and Builders Benefits from this technology:
The solar technology adds a green image to the realty ventures. Builders and property developers can cash on this visible green image. This technology will not only add environment friendly tag to their projects but also increase the value of their roofs.
Many Developers are installing Solar Projects:
With the constant rise of petrol and diesel prices leading to high cost of consumption, many developers install solar power plants. A new Gurgaon properties is coming up where the developers are installing solar power plants in rooftops. This way the developers will save on expenses and can provide free energy in few years. Also, the environment will be saved.
Less demand of solar energy technology from the India property sector, expected to grow in the coming years:
Manufacturing units, industrial enterprises and commercial units are adapting this green energy. They are tapping this form of energy and generating power. It is expected that in the coming years, residential societies will install this technology. Many educational institutions and office units are also using the unused space to install solar rooftops.
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